Hanover IN Homes for Sale

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Hanover Real Estate

The median home value in Hanover, IN is $191,500. This is higher than the county median home value of $188,100. The national median home value is $338,100. The average price of homes sold in Hanover, IN is $191,500. Approximately 57.92% of Hanover homes are owned, compared to 32.51% rented, while 9.57% are vacant. Hanover real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hanover real estate agent to arrange a tour today!

Hanover, Indiana has a population of 3,498. Hanover is more family-centric than the surrounding county with 32.35% of the households containing married families with children. The county average for households married with children is 29.92%.

The median household income in Hanover, Indiana is $52,279. The median household income for the surrounding county is $53,784 compared to the national median of $69,021. The median age of people living in Hanover is 28.3 years.

Hanover Weather

The average high temperature in July is 86.2 degrees, with an average low temperature in January of 21.3 degrees. The average rainfall is approximately 47.4 inches per year, with 12.3 inches of snow per year.

Hanover Real Estate Market Conditions

  • Median sales price

    $191,500
    15.8% change since last quarter
  • # Active listings

    334
    30-day change

Hanover Schools and Demographics

Education near Hanover, IN

Metric City County
High School Graduates 87.64 89.53
College Degree - 2 year 15.39 10.66
College Degree - 4 year 11.82 18.42
Graduate Degree 1.57 5.16
Expenditures per Student 13,210 13,210
Students per Teacher 16 16

Elementary Schools near Hanover, IN

School Grades Students P/T Ratio ZIP
Deputy Elementary School PK - 05 136 13.6 47230
Emery O Muncie Elementary School PK - 05 589 19 47250
Lexington Elementary School KG - 05 208 14.9 47138
Lydia Middleton Elementary School KG - 05 310 19.4 47250
New Washington Elementary School PK - 05 331 24.5 47162
Rykers' Ridge Elementary School KG - 05 197 14.1 47250
Southwestern Elementary School PK - 05 684 20.7 47243

Middle Schools near Hanover, IN

School Grades Students P/T Ratio ZIP
Madison Consolidated Junior High School 06 - 08 654 18.7 47250
Southwestern Middle School 06 - 08 303 12.6 47243

High Schools near Hanover, IN

School Grades Students P/T Ratio ZIP
Madison Consolidated High School 09 - 12 1,008 19.8 47250
New Washington Middle/High School 06 - 12 424 15.7 47162
Southwestern High School 09 - 12 400 11.9 47243

Demographics near Hanover, IN

Metric City County
Neighborhood Type Suburban
Population 3,498 33,000
Population Density 1,516 92
Median Age 28.3 41.5
People per Household 2.7 2.4
Median Household Income 52,279 53,784
Average Income per Capita 20,466 29,494